Penny Phase-Out Alert: Best Ways to Get Rid of Your Pennies
As the U.S. Mint quietly winds down penny production and Canada-style penny phase-out talks gain traction in Congress, millions of Americans are staring at overflowing coin jars wondering: What now? The Treasury Department confirmed in November 2025 that new penny minting will drop to near-zero by mid-2026, with lawmakers eyeing a full U.S. penny elimination by 2030 to save an estimated $600 million over a decade. If you’ve got hundreds (or thousands) of pennies collecting dust, now is the perfect …